eye160

favorite 0

quote 0

: president obama says there is no silver bullet. is there or is there a chance ofrelief.charlespayne. foxbusiness. first the news, it has gone up yet again. >> it has gone up yet again. bill, according to aaa $4.25 by may. that is the summer driving season. demand will go up even more. we don't know what will happen with some of these outside forces. geopolitical tensions coming out of iran. certainly something big is brewing there. also policies, bill. they play a huge role in all of this as well. bill: they certainly do. you're saying 4.25 by may on average? >> on average, 4.25 by may. a lot of people now, i talk to experts every single day, almost sever single one says 5 bucks is not out of the realm of possibility. bill: president said yesterday outside forces is at work here. is he right or not? >> he is right. sometimes the president and frame things in nefarious way. outside forces are at work here demand, global demand is higher. one of the strange ironies because of our weak economy we're driving less than we have before. also, urbanization, social networking we can get into the

: president obama says there is no silver bullet. is there or is there a chance of relief. charles payne. fox business. first the news, it has gone up yet again. >> it has gone up yet again. bill, according to aaa $4.25 by may. that is the summer driving season. demand will go up even more. we don't know what will happen with some of these outside forces. geopolitical tensions coming out of iran. certainly something big is brewing there. also policies, bill. they play a huge role in all...

eye75

favorite 0

quote 0

. martha: has hisowncharlespaynekindof charm. folks in california are hit the hardest in all this. state average is $4.20. charles will be all over in may but they have already have that in california. drivers in los angeles have no choice but to fill up. they have to drive all over the place to get there. that is true for folks living in very remote areas. prices look to be heading towards $5 a gallon. bill: the way charles describes this might be cheap based on what we're headed for. back in 2008, we reached record high prices in july. $4.11. so far this year gas prices through the month of february own average, on average, $3.51. during the same time period in 2008, prices reached only $3.02 a gallon. we're well ahead of the record pace of 2008. remember what a story it was then 3 1/2 years ago. we're ahead of that by 13 1/2%. martha: soaring gas prices are quickly becoming a hot potato in this presidential election. president obama slamming republicans for making it a political issue. he says there are simply no quick fixes that would bring prices down. and presidential candid

. martha: has his own charles payne kind of charm. folks in california are hit the hardest in all this. state average is $4.20. charles will be all over in may but they have already have that in california. drivers in los angeles have no choice but to fill up. they have to drive all over the place to get there. that is true for folks living in very remote areas. prices look to be heading towards $5 a gallon. bill: the way charles describes this might be cheap based on what we're headed for....

eye145

favorite 0

quote 0

chris christie is ontosomething.charlespayneafox news business anchor and a regular on varney & company. how are you doing. >> i'm doing great. bill: what does he want to do. >> even 10% we talk about everything being quote unquote fair and even. an even 10% cut across the board on income. which is a little different than his payroll we got from the federal government. i think it is a brilliant idea. the notion that we can keep more of the money we earn and put it back into the economy the way we want to put it back into the economy to me that is the kind of stimulus we need. bill: you think that is a big stimulus for the economy, whoever you are. >> absolutely. if you listen to the narrative, particularly out of washington, it's been that somehow food stamps and welfare have a positive multiplier, that somehow an extra 20 bucks a week into a household via the payroll tax cuts ace good thin. but what about thousands of dollars coming back into people's pockets? by the way this is money they've earned. this is the operative word here, this is money that you have gone out for an

chris christie is onto something. charles payne a fox news business anchor and a regular on varney & company. how are you doing. >> i'm doing great. bill: what does he want to do. >> even 10% we talk about everything being quote unquote fair and even. an even 10% cut across the board on income. which is a little different than his payroll we got from the federal government. i think it is a brilliant idea. the notion that we can keep more of the money we earn and put it back...

eye134

favorite 0

quote 0

where it is going with the trillion dollars spent every year. where did itgo?charlespaynehasthe pain null truth on the fox business network. how are you doing my friend? >> reporter: i'm okay. bill: where is it going. >> reporter: a lot of it is going to entitlements, social security benefits, medicaid, medicare. defense spending a lot of it is unaccountable. some of it goes into pet projects, what you might call pork, alternative energy. our government spends, spends, spends. bill: and keeps on going. let me give our viewers a sense, put this on the screen. this is some of the annual spending you'll get every year. this is 770 billion on social security. medicare is 560 billion. medicaid $262 billion, and then you've got other manned stor manned story spendinmandatory spending. defense spending $680 billion. that cannot be sustained. >> reporter: we are spending a trillion dollars a year to service what we owe, not to bring it down. bill: absolutely. that last figure could go to a trillion. >> reporter: it absolutely could. listen, our economy is slow, cbo comes out today and s

where it is going with the trillion dollars spent every year. where did it go? charles payne has the pain null truth on the fox business network. how are you doing my friend? >> reporter: i'm okay. bill: where is it going. >> reporter: a lot of it is going to entitlements, social security benefits, medicaid, medicare. defense spending a lot of it is unaccountable. some of it goes into pet projects, what you might call pork, alternative energy. our government spends, spends, spends....